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First Solar Inc. (FSLR): Today's Featured Electronics Winner

First Solar (
FSLR) pushed the Electronics industry higher today making it today's featured electronics winner. The industry as a whole closed the day down 0.9%. By the end of trading, First Solar rose 81 cents (5.7%) to $14.98 on average volume. Throughout the day, six million shares of First Solar exchanged hands as compared to its average daily volume of 6.3 million shares. The stock ranged in a price between $13.98-$15.50 after having opened the day at $14.23 as compared to the previous trading day's close of $14.17. Other companies within the Electronics industry that increased today were:
AuthenTec (
AUTH), up 9.6%,
Sevcon (
SEV), up 9.1%,
On Track Innovations (
OTIV), up 4.9%, and
Silicon Motion Technology Corporation (
SIMO), up 4.8%.

First Solar, Inc. engages in the design, manufacture, and sale of solar modules using a thin-film semiconductor technology in the United States and internationally. The company is also involved in the design, construction, and sale of photovoltaic solar power systems. First Solar has a market cap of $1.22 billion and is part of the
technology sector. Shares are down 58.5% year to date as of the close of trading on Friday. Currently there are three analysts that rate First Solar a buy, three analysts rate it a sell, and 20 rate it a hold.

TheStreet Ratings rates First Solar as a
sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.